Wholesaling Contracts in NY

[Aisha Smith]

I have joined so many meetups for NY/NJ and am on every FB page known to man lol. I am ready to start and have one part of the process that I am still confused about. I'm sure more will come up.

I have been told 2 different things regarding the contract process (to be assigned): 1 the seller must have an attorney and that you cannot go into a contract with the seller. This process has to be done attorney to attorney & 2) you can have the seller sign an appropriate contract directly.

I spoke to a RE attorney who said that it isn't required for the seller to have an attorney but is customary in NY and that the seller's attorney will write up the contract between you and the seller and your lawyer does the contact between you and the end-buyer.

What are your experiences please.